Visit this listing at https://www.sbx.com.au/business?id=FN1203

Business Code: FN1203

Key Features: Manufacturer - Korean Cuisine - Distribution -Inner West Sydney Nett $6926 pw

State: NSW

Location: Situated in Inner West industrial area.

Description

Manufacturer and distributor of more than 20 varieties of Korean food including sushi, kimbab, kimchi, Korean traditional food and chicken freshly made daily plus other Korean foods which are distributed Sydney wide to over 20 grocery stores. - Supplies sushi and other menus to school canteens and Kimchi to other retailers and supermarkets including 15 Tong li Chinese supermarkets. - Very large work shop with full range of production processes with huge cool room and chiller room.- Business price includes 1 van

Summary

  • Features: Well known brand - Good reputation for Korean food for 26 years - Rare opportunity - The best Korean food factory in Australia. -Well established supply chain and operating systems.- Established over 26 years
  • Potential: Suit family business. - cook other kinds of food such as Chinese, Thai and supply to supermarkets. - Expand distribution to whole of Australia and other Asain supermarkets- unlimited potential - increase catering business
  • Premises: This business has an area of 180 sq. mts. and includes huge cool room, freezer room, office and storage
  • Trading Hours: 6 days - Mon. - Fri. - 12 a.m.- 6 a.m and 9am to 5p.m
  • Lease: 3 + 3 year lease expires Nov. 2023 - 3 month bond - 4% rent increases per year
  • Employees: 1 owner + 2 fulltimers + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$17,000

Cost of Goods

$5,000

Gross Profit

$12,000

Rent

$944

Wages

$3,500

Outgoings

$100

Telephone

$20

Insurance

$30

Electricity

$200

Gas

$80

Misc1

$200

Total Expenses

$5,074

Estimated Stock (Additional)

$20,000

Net Profit

$6,926

Price

$290,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Manufacturer - Korean Food - Distribution

Business Code: FN1203
Price: $290,000
+ Estimated SAV $20,000

Key Features: Manufacturer - Korean Cuisine - Distribution -Inner West Sydney Nett $6926 pw

State: NSW

Location: Situated in Inner West industrial area.

Description

Manufacturer and distributor of more than 20 varieties of Korean food including sushi, kimbab, kimchi, Korean traditional food and chicken freshly made daily plus other Korean foods which are distributed Sydney wide to over 20 grocery stores. - Supplies sushi and other menus to school canteens and Kimchi to other retailers and supermarkets including 15 Tong li Chinese supermarkets. - Very large work shop with full range of production processes with huge cool room and chiller room.- Business price includes 1 van

Summary

  • Features: Well known brand - Good reputation for Korean food for 26 years - Rare opportunity - The best Korean food factory in Australia. -Well established supply chain and operating systems.- Established over 26 years
  • Potential: Suit family business. - cook other kinds of food such as Chinese, Thai and supply to supermarkets. - Expand distribution to whole of Australia and other Asain supermarkets- unlimited potential - increase catering business
  • Premises: This business has an area of 180 sq. mts. and includes huge cool room, freezer room, office and storage
  • Trading Hours: 6 days - Mon. - Fri. - 12 a.m.- 6 a.m and 9am to 5p.m
  • Lease: 3 + 3 year lease expires Nov. 2023 - 3 month bond - 4% rent increases per year
  • Employees: 1 owner + 2 fulltimers + 3 casuals
  • Sale Reason: Retiring
  • Comments: Endless manufacturing development possibilities. - Opportunities for growth under an energetic new owner- before Covid supplied to 100 schools for catering- - Equipment includes kimchi machine- 3 sushi roll machines, packing machines, kimbab machine and 1 van- - Owner will support new owner after settlement if required.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$17,000

Cost of Goods

$5,000

Gross Profit

$12,000

Rent (ex GST)

$944

Wages

$3,500

Outgoings

$100

Telephone

$20

Insurance

$30

Electricity

$200

Gas

$80

Misc1

$200

Total Expenses

$5,074

Estimated Stock (Additional)

$20,000

Net Profit

$6,926

Price

$290,000
+ Estimated SAV $20,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.